3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: craig crawford who wrote (16250)	5/28/1998 10:04:00 AM
From: joe	Read Replies (1) of 45548

Crawford, >> << Fundamentals have not changed in the last few weeks, but there is nothing to keep MM's, shorts or anyone else from pushing COMS down to the 20-22 range or lower if they can find an excuse >> That's it blame the MM's for COMS problems. << We know COMS has problems. Anybody who reads the thread can figure that out. I don't see any BULLS not admitting to this. AND let is only talking about the last 2 weeks. A 20% drop in the last 2-3 weeks (see blankmind's tables), does not substantiate the news that has come out lately. When coupling that with a correction in all tech stocks, I think it's very reasonable to conclude that part of the MOMENTARY (2-week) problems are market related. You seem to think that COMS has done nothing positive in the last 4-5 months. Fine, if you honestly believe that, short the stock. But there are some pretty good facts to show improvement - whether it's enough to lift earnings we will see... But lots of people here are not a 1-quarter in-and-out investor. If all you are checking is a sentiment indicator, say so. But, don't true to hide it behind specious logic. joe

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